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Techmeme
March 3, 2017, 2:45 PM
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Andrew Ross Sorkin / CNBC:
NBCUniversal invested $500M in Snap IPO as part of a strategic investment and partnership, making it the only US media company with a stake  —  NBCUniversal, a unit of Comcast and parent of CNBC, invested $500 million in Snap during its IPO as part of a strategic investment and partnership, according to sources.
Peter Kafka / Recode:
NBCUniversal CEO Steve Burke's note to employees: Snap investment “builds on our strategy to drive digital growth for our business”  —  Here's a note from CEO Steve Burke.  —  Comcast's NBCUniversal invested $500 million in Snap when it went public this week.
Wall Street Journal:
Snap closed first day of trading at $24.51 per share, 44% above original price of $17, valuing the company at around $34B
Natasha Singer / New York Times:
Apple's share of mobile devices shipped to schools has been surpassed by Microsoft and Google in recent years, as cheap Chromebooks and Windows laptops take off  —  Apple is losing its grip on American classrooms, which technology companies have long used to hook students on their brands for life.
Tony Cook / Indianapolis Star:
Mike Pence used an AOL account for sensitive emails when he was governor of Indiana, raising security and transparency concerns; the account was hacked in 2016  —  Vice President Mike Pence reportedly used a private email account to conduct public business, including homeland security matters, while he was governor of Indiana.
Karl Bode / DSLreports:
Chevrolet offers customers with OnStar Wi-Fi an unlimited 4G LTE data plan via AT&T for $20 per month  —  GM has announced it will be the first automaker to offer users an unlimited data options for owners of the company's LTE-connected automobiles.  If you've tracked in-car connectivity …
April Glaser / Recode:
Virginia becomes first state to legalize autonomous delivery robots on sidewalks, starting July 1; bots must not exceed 10 mph or weigh over 50 pounds  —  Idaho and Florida may be next.  —  Virginia has made robotics history.  The commonwealth is the first state to pass legislation allowing delivery robots …

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From Mediagazer

Brian Steinberg / Variety:
Fox News says Maria Bartiromo is no longer with Fox; Bartiromo's Mornings with Maria will be retitled Morning with Fox Business and employ a rotation of anchors

Jim Rutenberg / New York Times:
The FCC asks a court to throw out ABC's suit that claims the agency is using the regulatory process to abridge ABC's speech; a hearing is set the week of Oct. 5

Andrew Marchand / The Athletic:
An Athletic probe finds journalist Dianna Russini violated standards due to her relationship with an NFL coach but finds scant evidence it impacted coverage

More News

Earlier Picks

Darrell Etherington / TechCrunch:
After initially refusing, Uber says it will apply for a California DMV self-driving car testing permit
Chaim Gartenberg / The Verge:
Spotify says it has 50M paying subscribers, up from 30M in March 2016
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